ECONOMICS (CBSE/UGC NET)

ECONOMICS

DEMAND

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What happens to the market for plane tickets if there is a sudden economic downturn, causing many people to lose their jobs? Assume the airline industry itself is not affected.
A
Demand increases
B
Demand decreases
C
Supply increases
D
Supply decreases
Explanation: 
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